Huaming Equipment announced that on December 9, the company signed “Maximum Guarantee Agreements” with China CITIC Bank and Bank of China to provide joint liability guarantees of up to 150 million yuan and 115 million yuan for the wholly-owned subsidiary Shanghai Huaming, respectively. Before this guarantee, the company's guarantee balance for Shanghai Huaming was 650 million yuan, and after the guarantee, it was 915 million yuan. This time, an additional guarantee of 265 million yuan was added, within the 1.3 billion yuan amount authorized by the shareholders' meeting. As of the announcement date, the guarantee amount for the company and its subsidiaries was $1.72 billion, and the actual guarantee for wholly-owned and holding subsidiaries was $648 million, accounting for 20.36% of the audited net assets in 2024, with no overdue guarantees.

Huaming Equipment announced that on December 9, the company signed “Maximum Guarantee Agreements” with China CITIC Bank and Bank of China to provide joint liability guarantees of up to 150 million yuan and 115 million yuan for the wholly-owned subsidiary Shanghai Huaming, respectively. Before this guarantee, the company's guarantee balance for Shanghai Huaming was 650 million yuan, and after the guarantee, it was 915 million yuan. This time, an additional guarantee of 265 million yuan was added, within the 1.3 billion yuan amount authorized by the shareholders' meeting. As of the announcement date, the guarantee amount for the company and its subsidiaries was $1.72 billion, and the actual guarantee for wholly-owned and holding subsidiaries was $648 million, accounting for 20.36% of the audited net assets in 2024, with no overdue guarantees.